LSL Property Correlations

LSLPF Stock

USD 3.55 0.00 0.00%

The correlation of LSL Property is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

LSL Property Correlation With Market

Good diversification

The correlation between LSL Property Services and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LSL Property Services and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to LSL Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LSL Property when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LSL Property - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LSL Property Services to buy it.

Moving together with LSL Pink Sheet

0.67	CLNXF	Cellnex Telecom SA	Pair Corr
0.75	CLLNY	Cellnex Telecom SA	Pair Corr
0.76	CSGP	CoStar Group	Pair Corr
0.75	BEKE	Ke Holdings Potential Growth	Pair Corr

Moving against LSL Pink Sheet

0.79	DAIUF	Daifuku	Pair Corr
0.7	VTWRF	Vantage Towers AG	Pair Corr
0.65	VTAGY	Vantage Towers AG	Pair Corr
0.53	WRFRF	Wharf Real Estate	Pair Corr
0.42	FUWAF	Furukawa Electric	Pair Corr
0.83	NAUT	Nautilus Biotechnology	Pair Corr
0.76	ARR	ARMOUR Residential REIT	Pair Corr
0.47	GDYN	Grid Dynamics Holdings	Pair Corr
0.33	GOLF	Acushnet Holdings Corp	Pair Corr
0.32	RIVN	Rivian Automotive Sell-off Trend	Pair Corr
0.76	FMSTW	Foremost Lithium Resource	Pair Corr
0.7	SSAAF	SSAB AB	Pair Corr
0.69	TEL	TE Connectivity	Pair Corr
0.55	XFOR	X4 Pharmaceuticals Upward Rally	Pair Corr
0.52	BORR	Borr Drilling	Pair Corr
0.33	AZTA	Azenta Inc	Pair Corr

Related Correlations Analysis

	JPPSF	MDTWF	SOHOF	AYAAY	SIOLF	WFICF	AGGHF	PAZRF	MODVF	AGPYY
JPPSF		0.0	0.0	0.0	0.0	-1.0	0.0	0.0	0.0	-1.0	JPPSF
MDTWF	0.0		0.18	-0.23	-0.23	0.0	0.0	0.42	0.22	0.0	MDTWF
SOHOF	0.0	0.18		-0.9	-0.73	0.0	0.0	-0.11	0.12	0.0	SOHOF
AYAAY	0.0	-0.23	-0.9		0.85	0.0	0.0	-0.03	-0.36	0.0	AYAAY
SIOLF	0.0	-0.23	-0.73	0.85		0.0	0.0	-0.08	-0.48	0.0	SIOLF
WFICF	-1.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	1.0	WFICF
AGGHF	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	AGGHF
PAZRF	0.0	0.42	-0.11	-0.03	-0.08	0.0	0.0		0.46	0.0	PAZRF
MODVF	0.0	0.22	0.12	-0.36	-0.48	0.0	0.0	0.46		0.0	MODVF
AGPYY	-1.0	0.0	0.0	0.0	0.0	1.0	0.0	0.0	0.0		AGPYY
	JPPSF	MDTWF	SOHOF	AYAAY	SIOLF	WFICF	AGGHF	PAZRF	MODVF	AGPYY

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

AGPYY	+ 1.0	WFICF
SIOLF	+ 0.85	AYAAY
MODVF	+ 0.46	PAZRF
PAZRF	+ 0.42	MDTWF
MODVF	+ 0.22	MDTWF
SOHOF	+ 0.18	MDTWF

High negative correlations

AGPYY	- 1.0	JPPSF
WFICF	- 1.0	JPPSF
AYAAY	- 0.9	SOHOF
SIOLF	- 0.73	SOHOF
MODVF	- 0.48	SIOLF
MODVF	- 0.36	AYAAY

Risk-Adjusted Indicators

There is a big difference between LSL Pink Sheet performing well and LSL Property Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze LSL Property's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
JPPSF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MDTWF	0.25	0.02	0.00	(1.12)	0.00	0.00	0.00	0.00	6.44
SOHOF	1.96	0.93	0.00	0.83	0.00	0.00	0.00	0.00	50.00
AYAAY	1.51	(0.74)	0.00	1.57	0.00	0.00	0.00	0.00	28.58
SIOLF	2.20	(0.33)	0.00	(0.12)	0.00	0.00	0.00	0.00	98.03
WFICF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AGGHF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PAZRF	0.45	(0.01)	0.00	0.03	0.00	0.00	1.71	(2.62)	6.78
MODVF	0.37	0.04	(0.02)	(0.05)	0.55	(1.39)	1.19	(1.42)	4.65
AGPYY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Be your own money manager

Our tools can tell you how much better you can do entering a position in LSL Property without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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LSL Property Corporate Management

David Walsh	Head Audit	Profile
Stephen Goodall	Managing Valuation	Profile
David Akinluyi	Chief Officer	Profile
Melanie Cowell	PR Mang	Profile
BA ACA	Group Director	Profile

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